JDV Metropolitan District

For District Overview (per Sec. 32-1-104.5(3)(a)(X), C.R.S.)

JDV Metropolitan District is a local government that provides certain public improvements and services for the JDV  community.

Public Improvements and Services

The District is authorized by the Special District Act and its Service Plan to provide various public improvements and services, including transportation and street improvements, storm drainage, parks and recreation facilities, water and sanitary sewer system improvements (subject to required consents), landscaping and streetscape, and street lighting.

Maximum Debt Authorization

The District is authorized by its Service Plan to issue a maximum of $15,000,000 in general obligation bonds and/or revenue bonds.  The District has not yet issued debt.

Authorized Sources for Debt Repayment

The District is authorized to repay its general obligation debt from any and all legally available revenues of the District, including general ad valorem taxes.

Maximum Mill Levy for Debt Repayment

The District’s Service Plan imposes a Mill Levy sets the Maximum Debt Mill Levy at 40 mills for the portion of debt that exceeds 50% of the District’s assessed valuation.

If the portion of debt is equal to or less than 50% of the District’s assessed valuation, there is no maximum, the District may impose whatever mill levy is necessary to repay that portion of the debt

Board Member Qualifications

The District holds regular elections for board members on the first Tuesday after the first Monday in May of each odd-numbered year. A person is qualified to be a candidate if they are a registered to vote under the Colorado Uniform Election Code of 1992 and are either (1) a resident of the District, or (2) the owner (or spouse or civil union partner of an owner) of taxable real or personal property within the District.  People interested in a position on the District’s Board of Directors may contact the District’s Manager for further information:

Centennial Consulting Group

2619 Canton Court, STE A

Fort Collins, Co 80525

Phone: 970-484-0101

Email: info@ccgcolorado.com